Chicago Mayor Cuts Ribbon at New Headquarters of Rising FinTech Firm OppLoans

Mayor Emanuel praises OppLoans, saying, "Your success is Chicago's success."

CHICAGO——Chicago Mayor Rahm Emanuel cut the ribbon at the new OppLoans headquarters in downtown Chicago this week. OppLoans, the nation's leading socially responsible online lender, has more than tripled its employee-count in the past two years and expanded their operations in One Prudential Plaza. In 2017, the firm was named the 14th fastest-growing company in Illinois and
the 219th nationally

In his remarks, the mayor said, "While for a lot of people outside this room, this may be the first time they've heard of OppLoans. There is no doubt in my mind this will not be the last time they've heard of OppLoans. I look forward to being back as you scale more mountains, more heights, and continue to grow and to be successful, and to offer financing to a lot of families."

Since its founding in 2012, OppLoans has garnered national attention for its innovative financial product, outstanding customer service and commitment to delivering on its socially responsible mission. OppLoans offers financial bridge products to the subprime consumer that are safer and more affordable than traditional alternatives. The firm maintains a customer satisfaction rating of 4.8/5 stars on Google and received an "A+" rating from the Better Business Bureau. Additionally, OppLoans awards $10,000 in academic scholarships annually, donates quarterly to employee-selected charities, and offers free financial education through its online university

"To be honored for our growth and our new headquarters is exciting," said Jared Kaplan, CEO of OppLoans. "But it's truly gratifying to be able to speak with the mayor about our commitment to hiring in Chicago, paying a living wage to our employees, and continuing to contribute to the Chicago technology startup ecosystem. The growth we've experienced in the past two years has been remarkable and we fully expect it to continue. We asked the mayor to hold onto his scissors and bring them to our next ribbon cutting."

About OppLoans

Opportunity Financial, LLC, doing business as OppLoans, is one of the highest-rated online lenders in the industry. With faster funding, significantly lower rates, total transparency, and unmatched customer service, OppLoans provides non-prime borrowers a reliable alternative to payday lending. OppLoans provides loans or arranges loans in the following states: Alabama, California, Delaware, Georgia, Idaho, Kansas, Mississippi, Missouri, New Mexico, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia, and Wisconsin.

For more information regarding OppLoans, please visit the OppLoans website at, email John O'Reilly, or call (312) 212-8079 extension 818.

Opportunity Financial, LLC
130 E Randolph St, Suite 3400
Chicago, IL 60601